The world is awash in debt – some $233 Trillion is currently outstanding on a global scale. And though stock markets have seen unprecedented growth in recent years, cracks have started to appear. Just this week analysts at Goldman Sachs warned that a crash is coming, a sentiment echoed by JP Morgan Chase, which recently said that the next economic collapse could very realistically lead to social unrest and chaos on the streets of America that has “not been seen in half a century.”

Patrick Donnelly, a director at Harvest Gold Corp, suggests that it won’t be long now. In an interview with SGT Report Donnelly warns that the day of reckoning is rapidly approaching:

Countries like Greece are teetering… and that’s just a tiny little country… it’s going to take them 75 years to climb out of their debt…

You look at a country like Canada, the United States or China… the amount of debt is just staggering…

…For these tech stocks, the valuations we’ve seen… the multiples they trade at are ridiculous.

The markets are supposed to be rational… but the markets are totally irrational.

There’s no question that what goes up must come down, and given that stock market growth over the last decade has been fueled not by revenue and profit, but by central bank money printing, the coming crash will send shockwaves across the globe.

The crash of 2008 will look like a small correction compared to what’s coming next.

And when the bottom finally falls out amid panic selling unlike anything we’ve ever witnessed before, Donnelly says that capital will begin to flow into historical safe haven assets of last resort.

Gold has always been used as a store of value or protection against inflation. We’ve seen a lot of volatility lately with inflation in emerging economies and concerns over the trade wars happening globally… and everyone’s flocking to the U.S. dollar.

Yet, the U.S. government has trillions of dollars of debt… At what point does the global economy become concerned about this debt load and therefore undermines the credibility of the dollar?

Then where does everybody go? They’re not going to go to the Chinese Yuan… They’re not going to go to the Euro… They’re certainly not going to the Russian Ruble.

They’re going to go back to gold. That’s the place to be. The fundamentals are astronomical.

It’s a view likely shared by big banks like JP Morgan, which recently announced it will no longer be placing short bets that silver will be going down, while at the same time stockpiling literally hundreds of millions of ounces of precious metals in their vaults.

Perhaps they know something.

Donnelly explains:

The closing of the shorts means they have to cover it all and that’s a lot of silver. People don’t realize it but the silver [and gold] market are not large markets. So, it’s not going to take much to move it.

While some may be touting recent economic numbers as proof of a healthy and growing economy, the fact is that U.S. financial markets are more overvalued today than ever before.

This time is different, of course, and infinite growth is a foregone conclusion for many investors. But those who see the writing on the wall know what happens next and it won’t be pretty.

We’ve seen it in Argentina… we’ve seen it in Turkey… what if it spreads to China? Then we’ve got big problems…

It’s certainly a realistic proposition… and we’re starting to see some inflationary pressure in the United States…

We’re starting to see currencies being debased because of all this… and eventually the markets will flock to hard assets.

Translation: You’re going to want to consider gold and silver as protection for the next major global crash.

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We haven’t seen carnage like this in the global financial marketplace in quite some time. On Wednesday, U.S. stocks were down some, but things were much, much worse around the rest of the world. Global banking stocks are plunging, emerging market stocks are cratering, and emerging market currencies continue their stunning decline. This represents a dramatic change from the relative stability that we have seen throughout most of 2018. It is almost as if someone flipped a switch once the month of August began, and the shakiness of global financial markets has many investors wondering what trouble fall will bring. What we are witnessing right now is not a full-blown panic yet, but it definitely has the potential to turn into one.

The term “bear market” is being thrown around a lot lately, but a lot of people don’t understand what a “bear market” actually is.

A bear market is generally considered to be when we see a decline of 20 percent or more from the 52-week high, and after the carnage of this past week a lot of those thresholds are now being crossed.

It would probably be too early to call this a “global stock market crash”, but we are well on the way to getting there. The following are 5 signs that global financial markets are entering a bear market…

#1 Global stocks have now fallen beneath all key moving averages. Those key moving averages are important psychological thresholds for investors, and if we have a few more days like Wednesday we could see global financial markets go into full panic mode.

#3 Global banking stocks are down a whopping 23 percent from the peak established earlier this year, and that means that they have officially entered a bear market.

#4 Emerging market stocks have fallen 20 percent from the peak, and that means that they are also now in a bear market.

#5 When demand for industrial metals falls, that indicates that an economic slowdown is coming. On Wednesday, prices for industrial metals fell to their lowest level in almost a year, and “Dr. Copper officially entered a bear market.

If the financial carnage continues (and that is a big “if”), this could be the beginning of another financial crisis like we experienced in 2008, and that would almost certainly mean a crippling global recession.

And of course once the next global recession begins, it is likely to be more painful than we have ever seen before in modern history, because the global debt bubble is far larger than it has ever been before.

We live at a time of great global instability, and there are so many ominous warnings about our future. A lot of people reach out to me for advice on how to get prepared for what is coming, and I hope to share quite a few tips in future articles.

1 –Get Out of Debt: The old saying, “the borrower is the servant of the lender”, is so incredibly true. The key to insulating yourself from an economic meltdown is to become as independent as possible, and as long as you are in debt, you simply are not independent. You don’t want a horde of creditors chasing after you when things really start to get bad out there.

2 – Find New Sources of Income: With the birth of The IRA, there simply is no such thing as job security anymore. If you are dependent on a job (“just over broke”) for 100% of your income, you are in a very bad position. There are thousands of different ways to make extra money. What you don’t want to do is to have all of your eggs in one basket. One day when the economy melts down and you are out of a job are you going to be destitute or are you going to be okay?

3 – Reduce Your Expenses: Many Americans have left the rat race and have found ways to live on half or even on a quarter of what they were making previously. It is possible – if you are willing to reduce your expenses. In the future times are going to be tougher, so learn to start living with less today.

4 – Learn To Grow Your Own / Supplement Your Food: Today the vast majority of Americans are completely dependent on being able to run down to the supermarket or to the local Wal-Mart to buy food. But what happens when the U.S. dollar declines dramatically in value and it costs ten bucks to buy a loaf of bread? If you learn to grow your own food (even if is just a small garden) you will be insulating yourself against rising food prices. Another thing is to learn to hunt and fish. There is “low cost” food out there for the taking, you just need to assert yourself. (Low Cost = you still need to pay for hunting and fishing licenses.)

5 – Make Sure You Have A Reliable Water Supply: Water shortages are popping up all over the globe. Water is quickly becoming one of the “hottest” commodities out there. Even in the United States, water shortages have been making headline news recently. As we move into the future, it will be imperative for you and your family to have a reliable source of water. Some Americans have learned to collect rainwater and many others are using advanced technology such as atmospheric water generators to provide water for their families. But whatever you do, make sure that you are not caught without a decent source of water in the years ahead.

6 – Buy Land: This is a tough one, because prices are high depending on where you are looking. If you are able to buy land when prices are low, that is going to insulate you a great deal from the rising housing costs that will occur when the U.S dollar does totally go into the tank.

7 – Buy Precious Metals: this is a no brainer, but it still amazes me how many people are not doing this. Right now silver is sitting at $14.41. That is a very affordable price and a price that everyone can afford. We must start “paying ourselves first” and start pulling in these sort of assets.

The best place that I recommend is Renaissance Precious Metals. It is who I purchase from.

8 – Get Partially Off The Grid: An increasing number of Americans are going “off the grid”. Essentially what that means is that they are attempting to operate independently of the utility companies. In particular, going “off the grid” will enable you to insulate yourself from the rapidly rising energy prices that we are going to see in the future. If you are able to produce energy for your own home, you won’t be freaking out like your neighbors are when electricity prices triple someday.

9 – Store Non-Perishable Supplies: Non-perishable supplies are one investment that is sure to go up in value. Not that you would resell them. You store up non-perishable supplies because you are going to need them someday. So why not stock up on the things that you are going to need now before they double or triple in price in the future? Your money is not ever going to stretch any farther than it does right now.

EXAMPLE – Toilet Paper

10 – Develop Stronger Relationships: Americans have become very insular creatures. We act like we don’t need anyone or anything. But the truth is that as the we see a socio-economic melt down we are going to need each other. It is those that are developing strong relationships with family and friends right now that will be able to depend on them when times get hard.

11 – Get Educated And Stay Flexible: When times are stable, it is not that important to be informed because things pretty much stay the same. However, when things are rapidly changing it is imperative to get educated and to stay informed so that you will know what to do. The times ahead are going to require us all to be very flexible, and it is those who are willing to adapt that will do the best when things get tough.

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There is much debate about where the U.S. economy is ultimately heading, but what everybody should be able to agree on is that economic conditions are significantly worse this year than they were last year. It is being projected that U.S. economic growth for the first quarter will be close to zero, thousands of retail stores are closing, factory output is falling, and restaurants and automakers have both fallen on very hard times. As economic activity has slowed down, commercial and consumer bankruptcies are both rising at rates that we have not seen since the last financial crisis. Everywhere you look there are echoes of 2008, and yet most people still seem to be in denial about what is happening. The following are 11 facts that prove that the U.S. economy in 2017 is in far worse shape than it was in 2016…

#1 It is being projected that there will be more than 8,000 retail store closings in the United States in 2017, and that will far surpass the former peak of 6,163 store closings that we witnessed in 2008.

#2 The number of retailers that have filed for bankruptcy so far in 2017 has already surpassed the total for the entire year of 2016.

#3 So far in 2017, an astounding 49 million square feet of retail space has closed down in the United States. At this pace, approximately 147 million square feet will be shut down by the end of the year, and that would absolutely shatter the all-time record of 115 million square feet that was shut down in 2001.

#4 The Atlanta Fed’s GDP Now model is projecting that U.S. economic growth for the first quarter of 2017 will come in at just 0.5 percent. If that pace continues for the rest of the year, it will be the worst year for U.S. economic growth since the last recession.

Foot traffic at chain restaurants in March dropped 3.4% from a year ago. Menu prices couldn’t be increased enough to make up for it, and same-store sales fell 1.1%. The least bad region was the Western US, where sales inched up 1.2% year-over-year and traffic fell only 1.7%, according to TDn2K’s Restaurant Industry Snapshot. The worst was the NY-NJ Region, where sales plunged 4.6% and foot traffic 6.3%.

This comes after a dismal February, when foot traffic had dropped 5% year-over-year, and same-store sales 3.7%.

In America alone, bad debt held by companies could reach $4 trillion, “or almost a quarter of corporate assets considered,” according to the IMF. That debt “could undermine financial stability” if mishandled, the IMF says.

The percentage of “weak,” “vulnerable” or “challenged” debt held as assets by US firms has almost arrived at the same level it was right before the 2008 crisis.

We are seeing so many parallels to the last financial crisis, and many are hoping that our politicians in Washington can fix things before it is too late.

On Monday, the most critical week of Trump’s young presidency begins. The administration will continue working on tax reform and a replacement for Obamacare, but of even greater importance is the fact that if a spending agreement is not passed by Friday a government shutdown will begin at the end of the week…

By attempting three massive political undertakings in one week, investors will have a sense of whether or not Trump will be able to deliver on pro-growth policies that would be beneficial for markets.

If Trump can pull off the trifecta, it could restore faith that policy proposals like tax cuts and infrastructure spending are on the way. If not, look out.

Members of Congress are returning from their extended two week spring vacation, and now they will only have four working days to get something done.

And I don’t believe that they will be able to rush something through in just four days. The Republicans in Congress, the Democrats in Congress, and the Trump administration all want different things, and ironing out all of those differences is not going to be easy.

For example, the Trump administration is insisting on funding for a border wall, and the Democrats are saying no way. The following comes from the Washington Post…

President Trump and his top aides applied new pressure Sunday on lawmakers to include money for a wall on the U.S.-Mexico border in a must-pass government funding bill, raising the possibility of a federal government shutdown this week.

In a pair of tweets, Trump attacked Democrats for opposing the wall and insisted that Mexico would pay for it “at a later date,” despite his repeated campaign promises not including that qualifier. And top administration officials appeared on Sunday morning news shows to press for wall funding, including White House budget director Mick Mulvaney, who said Trump might refuse to sign a spending bill that does not include any.

And of course the border wall is just one of a whole host of controversial issues that are standing in the way of an agreement. Those that are suggesting that all of these issues will be resolved in less than 100 hours are being completely unrealistic. And even though the Trump administration is putting on a brave face, the truth is that quiet preparations for a government shutdown have already begun.

The stage is being set for the kind of nightmare crisis that I portrayed in The Beginning Of The End. The stock market bubble is showing signs of being ready to burst, and an extended government shutdown would be more than enough to push things over the edge.

Let us hope that this government shutdown is only for a limited period of time, because an extended shutdown could potentially be catastrophic. In the end, either the Trump administration or the Democrats are going to have to give in on issues such as funding for Obamacare, the border wall, Planned Parenthood, defense spending increases, etc.

It will be a test of the wills, and it will be absolutely fascinating to see who buckles under the pressure first.

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Last week Trump supporters and leftist social justice warriors met on the political field of battle in Berkeley, California. Words were exchanged, as were punches. And while an alt-right leader was punched in the face, by all accounts even the social justice warriors admit that they got a major beat-down.

This prompted a reddit discussion among the left’s tolerant resistance movement, with many asking how they can more effectively go to war against anyone who disagrees with their social, political, and economic views.

The anti-Trump protesters at the rally were ill-prepared for what they came to Berkeley to confront and now they are trying to figure out ways to ensure it doesn’t happen again.

In short, as predicted, left prepares for war after Berkeley beat down, they are turning to militancy and mob action by mobilizing individuals and groups to attend combat training seminars, acquiring better equipment like baseball bats and helmets, and of course, if things really go bad… guns.

Yes, we seemed to have lost today. The alt-right held their ground. If we wanna take action against them, we need to be better organized and better trained. It doesn’t help that it’s only the far left opposing them, any trump supporter can be radicalized far easier than any liberal.

I hope we learn from today

…

A shocking number of our comrades went in there with absolute no combat training. We need to set up seminars or something of the sort.

…

We also need better equipment, I know the bandanna and hoodie look is our trade mark, but I saw the right wearing motorcycle helmets, and baseball helmets. A dude wearing a helmet is going to keep going if he get punched, our guys are going down.

And though they are, always have been and always will be “tolerant” and “peaceful protesters,” many are now discussing arming themselves so they can go head to head with the “fascist” and “racist” alt-right.

I honestly think we need a campaign to get more antifa armed. It seems that seems to be the biggest problem with our resistance. They’re mostly armed, why aren’t we?

…

Not getting disarmed is a big part of the problem, yes, but we need more than flags and bats. We need to take notes from the John Brown Gun Club and get firearms and training. I know getting firearms in states and cities we have a presence in is usually a hassle, but even handguns would help. It would certainly put a psychological element in while holding fash back. Who do you think a fascist is more afraid of? People with only flags and bats, or people with flags, bats, and guns?

Video report:

The “comrades” organizing against “fascists,” which basically means anyone and everyone who voted for President Trump, are quickly coming to the conclusion that to win this conflict they will need to be armed with more than just flags, banners, chants and pepper spray.

And all this time we thought hugging it out would be the solution…

Apparently, there is a realization among the left that whatever it is they are trying to accomplish will not come with peaceful assembly, but rather, with blood in the streets.

I believed at that time that the social-justice cult would lose mainstream influence but that the existing minority would resort to even more insidious tactics and greater violence to get what they want; and, the so-called “moderate left” would cheer them on. As it turns out, I have been proven right so far.

Not that extreme Leftists have been averse to violence over the past year, but I think it is safe to say that the volume on the cultural Marxist machine has been turned up a notch.

…

The social justice mantra is changing. At first, it was predominately about forming mobs to “shame” target political opponents into silence. Now, it is about forming mobs to do what they call “punching Nazis.” Leftists are now often seen regurgitating the claim — “This is only the beginning…”

Indeed, this is only the beginning.

Ladies and Gentlemen, if you have a Trump bumper sticker, an American flag or a Gadsden decal on your vehicle, prepare to defend yourselves.

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The Daily Caller reports that an English professor at the Northern Arizona University lowered the grade of one of her students who used the word “mankind” in an essay. According to Dr. Anne Scott, who runs a class about the human condition, docked the score because she says that students need to “respect the need for gender-neutral language:

“I would be negligent, as a professor who is running a class about the human condition and the assumptions we make about being ‘human,’ if I did not also raise this issue of gendered language and ask my students to respect the need for gender-neutral language,” said Scott. “The words we use matter very much, or else teachers would not be making an issue of this at all, and the MLA would not be making recommendations for gender-neutral language at the national level.”

This is just another sign of the times; a serious warning, according to Joe Joseph.

As Joseph highlights at The Daily Sheeple Youtube Channel, the reason for the push into gender neutral language goes much deeper than some leftist equality narrative:

It’s because the people who control the public education apparatus – basically institutionalizing our children – are intentionally doing this to blur the lines… why?

When we’ve reached a point in our country where wearing red, white and blue is considered blatant racism and asking teachers to verify that they know how to read is called bigotry, then it should be clear we have a serious problem.

With warmer weather upon us, Joseph warns that things could get very hectic, very fast, especially now that we know leaders on the left, including the media, are prepared to support and use violence to achieve their goals.

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If there’s one thing that should be absolutely clear in the current political environment in America, it’s that there exists a deep division between the people of this nation. Both of sides of the aisle argue vehemently about what’s best going forward, sometimes to the point of physical violence. And though the election of President Donald Trump speaks volumes about the sentiment of Americans, the following video report from Storm Clouds Gathering warns that both sides are utterly unprepared for what’s coming.

There is no such thing as “diversity.” Madonna talks about choosing “love” instead of “hate,” but she can never love her enemy because this is not part of her ideology.

One can historically say that the current presidential inauguration has been somewhat unique. It has indeed generated violent reactions in Washington and elsewhere. Madonna has recently come out of the woodwork and declared: “I’m angry. Yes, I am outraged. Yes, I have thought an awful lot about blowing up the White House.”

Anti-Trump Protests Including 700 American Cities. Madonna contemplates “blowing up the White House” Obviously some psychopaths were listening to Madonna’s potent message. They smashed windows and vandalized cars.[1] It has been reported that at least 217 people have been arrested, and areas of downtown Washington has been damaged. Long before the debacle, Michael Moore was already calling for “disruption” during the inauguration.[2]

While on the campaign trail, President-Elect Donald J. Trump made a range of statements suggesting a shift away from a policy of interventionism, combined with a focus on safeguarding US borders and jobs at the expense of the dominant ideology of globalism. Can and will he deliver on these promises? There are many reasons to believe he will genuinely push US foreign policy in this direction, but at the same time he will face obstacles on his path.

Editor’s Comment: The evidence is now overwhelming – whatever the full truth of the matter, something is very, very suspicious about the “pizza code” that has been discovered in the leaked Podesta emails that many believe is connected to a ring of pedophilia activity. Independent researchers have been scouring the web for supporting information, and have pieced together a disturbing pile of circumstantial evidence connecting many of DC’s most powerful to lewd comments, references to illegal sex acts and child trafficking, dark art and more. It is very likely that this could go to the very top, where powerful people are protected by people with ranking positions inside the power structure.

NBC affiliate WRCB TV in Chattanooga, Tennessee has inadvertently posted election results. The results page appears to be similar to what mainstream news networks display on election night, including Presidential and Congressional results, the popular vote count, electoral votes, and percentage of precincts reporting.

While we wait for the arrival of Planet X, there is one “domestic” matter everyone needs to pay attention to. These matters are all related to the Red Horse and the Black Horse of the Apocalypse. They portend and forewarn of the Pale Horse, which represents the destruction caused by Planet X, affecting one-fourth of the earth’s surface and people. The word apocalypse means “a prophetic warning” – a revelation or revealing of a coming event of great importance. Revelation Chapter 6 reveals the seals that are opened that match these horsemen.

Back before 2008 Peter Schiff was harshly criticized and laughed at for his predictions about a coming economic collapse. Among other things Schiff warned that consumer spending had hit a wall, stocks were overpriced and lax credit lending practices would lead to a detonation of the banking system. Rather than heed the warnings, the biggest names in mainstream media tried to discredit him for not toeing the official narrative. Shortly thereafter, of course, Schiff was vindicated and much of the doom he had forecast came to pass.

The biggest open secret in the world has just been tweeted by the world’s biggest news aggregator: “ America Has Been Arming ISIS ”

Matt Drudge drives so much web traffic that he basically has his own gravity, and now the often-reclusive figure has sent out a message that should be a wake-up call for those who have been broadcasting news about the threat that ISIS poses.

Editor’s Comment: Though the shooting that has sparked the latest outrage in Chicago was horrific, we are witnessing another round of pre-planned and
scripted provocation and escalation of conflict.

Obama is once again proving himself to be the master of one thing – fiddling while the nation burns and divides into dangerous factions who are at each others’ throats rather than those who are controlling the crashing system. If you live in the Chicago area, or see the potential for civil unrest to come anywhere near your area, get your preps, and start here with your plans to avoid the violence and survive the madness.

If the government’s official statistics are to be believed the U.S. economy is moving full steam ahead. Consumers are spending, the job market is expanding, real estate has recovered, stocks are soaring and the U.S. dollar is stronger than it has been in a decade.

Thibaut Lepouttre is a highly educated and well respected economist from Belgium. But unlike many of his counterparts who often toe the line of mainstream politicians and financial pundits, he’s not one to sugarcoat the seriousness of the current global economic, financial and monetary environment.

A U.S. General has made a shocking revelation saying that early on President Obama knew that ISIS was growing but made a “willful decision” to let the radical terror group grow unmolested and even supplied arms that he knew would go to ISIS.

There are many people high up in the power structure who not only see an end to the dollar coming soon, but an economic collapse that could trigger the death of tens of millions of Americans – rendered vulnerable by the lack of services and the stopping of checks, and harmed by the resulting looting, starvation and violence that is likely to occur.

When it hits the fan…I mean REALLY hits the fan in a permanent kind of way, the most likely outcome is death.

That’s not pretty, and I’m well aware of it. I always try to be positive and optimistic, because for me, preparedness is the ultimate act of optimism, but sometimes we have to look at the numbers and face some things that are pretty terrifying. The first reality check is that some research says that only 3 million Americans are preppers.

Is something really big about to happen? For months, people have been pointing to the second half of this year for various reasons. For some, the major concern is Jade Helm and the unprecedented movement of military vehicles and equipment that we have been witnessing all over the nation.

In 2011 Rand Paul stood on the floor of Congress and delivered a stark warning to Americans. To criticisms of sensationalism and embellishment, Paul noted that Federal laws on the books characterize those who have guns, seven days worth of food or ammunition in their homes as potential terrorists.

Why are the global elite buying extremely remote compounds that come with their own private airstrips in the middle of nowhere on the other side of the planet? And why did they start dumping stocks like crazy earlier this year? Do they know something that the rest of us don’t? The things that I am about to share with you are quite alarming.

Yesterday, The Common Sense Showissued a breaking news alert as to the possible use of multiple IED type of devices based upon the reports of a highly credible source(s). The Common Sense Show is pleased to announce that arrests have been made in conjunction with this event and eventually I will be able to provide more details.

After 9/11, the “war on terror”is a 14-year-old lie foisted on the world by forces hostile to the US Constitution. This has been and remains a“war OF terror”waged against all people.

Low intensity police state at home and high intensity war abroad are the new norms. The fact that such a program has not been more widely acknowledged and refuted is a profound statement on the state of civil society in the early 21st century.

Numerous questions about the events of September 11, 2001 remain unanswered. Much of what happened that day has been kept secret by government investigators or was simply never even considered for the official 9/11 Commission Report, despite the fact that hundreds of people have been involved in independent investigations

Editor’s Note: Regardless of your views on 9/11, the following alarming report from The Intel Hub is clear evidence that our rights to free and independent thought are being sacrificed on the alter of security. Yesterday, your eccentric musings rendered you mentally incompetent and unable to safely possess firearms. Today, your questioning of the official 9/11 report may identify you as a potential sleeper agent and member of a domestic terror organization. What will tomorrow bring?

Data collection and invasive monitoring of American citizens has been at the forefront of government activities for decades. After revelations by Edward Snowden in recent years, the fringe conspiracy theorists who warned of Big Brother surveillance and had been laughed at by the general population were finally proven right.

But despite the literal hundreds of thousands of pages of information about government snooping and the Congressional

Economic forecaster Martin Armstrong, who is known for having accurately predicted major events like the Savings & Loan crash, the collapse of Japanese financial markets and the destruction of the Russian economy almost to the day, says that a major turning point is coming to the global paradigm this October. While stopping short of calling for an all out crash, Armstrong’s cyclical turning point of 2015.75 suggests that very big changes are set to take place.

Last year Russia began unloading massive amounts of their US dollar reserves. In the month of December 2014 alone Putin sold some 20% of the country’s U.S. Treasurys, a move that further increased tensions surrounding what can only be described as economic warfare between East and West.

Then, as if part of a coordinated effort, this summer it was revealed that China had implemented a similar strategy, dumping half a trillion in dollar denominated assets.

On Monday, the Dow Jones Industrial Average plummeted 588 points. It was the 8th worst single day stock market crash in U.S. history, and it was the first time that the Dow has ever fallen by more than 500 points on two consecutive days. But the amazing thing is that the Dow actually performed better than almost every other major global stock market on Monday. In the U.S., the S&P 500 and the Nasdaq both did worse than the Dow.

Europe: the crisis of illegal refugees that Central Europe is confronting with seems to be out of control. Thursday morning, on August 27, on a highway in Central Europe close to the border between Austria and Hungary, policemen discovered the dead bodies of 71 illegal immigrants, lying under a refrigerating truck, abandoned next to the highway. 59 of them were men, while the rest were women and children, most of them from Siria. Their bodies were already in decay and the Austrian authorities declared that, from the first tests, the people most probably died by suffocation about two days ago.

Instead, a Philadelphia cop was caught on camera using the threat of force to insist that two guys he pulled over during a traffic stop buy tickets for a fundraiser to support the families of fallen first responders.

Despite a number of laws forbidding them from accepting gifts from lobbyists, congressional leaders regularly exploit legal loopholes to jet-set throughout the country on lobbyists’ expense, according to a new report.

A Nebraska family filed suit Monday against dozens of police officers alleging that they turned a parking violation into a rough arrest and violating the family’s constitutional rights by breaking into a nearby home and confiscating video of the incident.

Two Navy admirals have been placed on temporary leave after their access to classified materials was suspended. This comes as part of a growing investigation into allegations that Naval officers illegally accepted bribes from a military contractor.